DETAILED OCCUPATION DATA
23-2093 Title Examiners, Abstractors, and Searchers
Occupational Description:
Search real estate records, examine titles, or summarize pertinent legal or insurance documents or details for a variety of purposes. May compile lists of mortgages, contracts, and other instruments pertaining to titles by searching public and private records for law firms, real estate agencies, or title insurance companies.| Percentiles | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| EDR 2 - Headwaters | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Minnesota | 970 | 204 | $21.52/hr | $1.27/hr | $12.84/hr | $15.16/hr | $19.57/hr | $24.00/hr | $39.44/hr |
| U S | 49,390 | 1,976 | $22.56/hr | $0.29/hr | $12.68/hr | $15.87/hr | $20.46/hr | $27.05/hr | $36.34/hr |
| *SE = Standard error, a measure of the statistical reliability of the estimate. | |||||||||
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| Occupation (click title for details) | OES | Projections | |
|---|---|---|---|
| Employment | Median Wage | % Change - | |
| Purchasing Agents, Except Wholesale, Retail, and Farm Products | 50 | $21.47/hr | N/A |
| Court, Municipal, and License Clerks | 40 | $23.06/hr | N/A |
| Compliance Officers, Except Agriculture, Construction, Health and Safety, and Transportation | 30 | $34.30/hr | N/A |
| Insurance Claims and Policy Processing Clerks | N/A | N/A | N/A |
Tasks for Title Examiners, Abstractors, and Searchers
- Searches lot books, geographic and general indices, and assessor's rolls to compile lists of transactions pertaining to property.
- Compares legal description of property with legal description contained in records and indices, to verify such factors as deed ownership.
- Requisitions maps or drawings delineating property from company title plant, county surveyor, or assessor's office.
- Uses computerized system to retrieve additional documentation needed to complete real estate transaction.
- Examines title to determine if there are restrictions limiting use of property, lists restrictions, and indicates action needed for clear title.
- Prepares closing statement, utilizing knowledge and expertise in real estate procedures.
- Prepares title commitment and final policy of title insurance based on information compiled from title search.
- Retrieves and examines closing files for accuracy and to ensure that information included is recorded and executed according to regulations.
- Confers with realtors, lending institution personnel, buyers, sellers, contractors, surveyors, and courthouse personnel to obtain additional information.
- Compiles information and documents required for title binder.
- Reads search request to ascertain type of title evidence required, and to obtain description of property and names of involved parties.
- Copies or summarizes recorded documents, such as mortgages, trust deeds, and contracts, affecting title to property.
- Searches records to determine if delinquent taxes are due.
- Prepares and issues title insurance policy.
- Directs activities of workers searching records and examining titles to real property.
- Confers with interested parties to resolve problems and impart information.
- Prepares correspondence and other records.
- Examines mortgages, liens, judgments, easements, plat books, maps, contracts, and agreements to verify legal description, ownership, restrictions, or conformity to requirements.
- Analyzes encumbrances to title, statutes and case law, and prepares report outlining encumbrances and actions required to clear title.